Kamala Harris Eyeing Anti-Crypto Senator for VP

US Vice President Kamala Harris is reportedly considering Michigan Senator Gary Peters, a known crypto skeptic, as her running mate for the 2024 election.
This move seems at odds with her recent engagement with the crypto sector, despite ongoing concerns about her stance.
Harris’s choice of Peters, who has been critical of digital currencies and supported legislation aimed at curbing their use in illegal activities, could signal a tough stance on crypto. Peters’ past support for the Money Laundering Act of 2023 underscores his opposition to cryptocurrencies.
While Peters has been influential in Michigan’s Democratic circles, Harris has yet to define her crypto policies clearly. Critics from the crypto community, including Galaxy Digital’s Mike Novogratz and XRP lawyer John Deaton, have urged Harris to reconsider her stance on digital assets and regulatory figures.
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Amidst pressure from crypto supporters backing Donald Trump’s favorable stance on digital currencies, the Democratic Party is re-evaluating its approach.
Harris is expected to address these concerns at the Permissionless event by Blockworks from October 9 to 11, as part of a broader strategy to engage with the crypto industry.